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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: William G. Murray who wrote (28481)8/27/1998 4:30:00 PM
From: Paul Angell  Respond to of 95453
 
The big producers should uptick first as these are fairly highly leveraged on the price of oil. These are the guys that pay the oil service companies. The companies delivering well services should be able to weather the storm better than those providing hardware. Nearly all hardware is capital costs but well service work can add barrels for a relatively low cost.

Paul



To: William G. Murray who wrote (28481)8/28/1998 1:36:00 PM
From: Intel Trader  Read Replies (1) | Respond to of 95453
 
This ain't the bottom yet William G. Murray (of course I could be wrong). Still haven't seen a panic yet.

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